Iran war drives up costs across beauty supply chain
BOLOGNA, Italy: The Iran war is rippling through the global beauty industry, pushing up costs for everything from packaging materials to transport and exposing the sector's reliance on fragile supply chains.
Cost pressures dominated discussions at Cosmoprof, one of the industry's largest trade fairs held in Bologna, as executives tracked the impact of Iran's blockade of the Strait of Hormuz, now nearing its fift